ECONOMY

Viorica Dancila: Gov’t adopted ordinance on measures meant to boost European funds absorption

The Government adopted  on Thursday through an emergency ordinance, measures meant to avoid the disengagement of European funds, so that financing agreements whose value is higher than that stipulated by the initial allocations from operational programmes could be concluded, Premier Viorica Dancila stated.

“Today we will have on the order of the day an emergency ordinance for the avoidance of the disengagement of European funds. Like I mentioned, I’m very interested in having a very high absorption of European grants and, at the same time, to avoid the disengagement of European grants – and I’m mainly referring to the Regional Operational Programme, but also the Large Infrastructure Operational Programme. Today we will adopt a new measure to boost the absorption rate of European funds and to avoid disengagement, so to avoid the loss of allocations for certain operational programmes,” Dancila stated, Agerpres informs.

The Premier stated that, in this sense, GEO 40/2015 on the financial management of European funds for the 2014-2020 financial framework was modified and supplemented.

“The purpose of the modification is to be able to conclude financing agreements whose value is higher than that stipulated by the initial allocations from operational programmes, thus: financing agreements whose value is twice the value of the actual allocation will be concluded as part of the Regional Operational Programme and the Competitiveness Operational Programme,” Viorica Dancila stated at the start of the Government meeting.

The Premier added that, in what concerns the Large Infrastructure Operational Programme, agreements whose value is three times as high as the one allocated will be concluded, while in the case of the Human Capital Operational Programme, Administrative Capacity Operational Programme and Technical Assistance Operational Programme agreements whose total value surpasses by 50 percent the allocated one will be concluded.

“Agreements whose total value surpasses the programme’s allocation by 20 percent will be concluded for the Operational Programme for Assisting Disadvantaged Persons. The proposal is justified by the fact that in the case of some calls there were eligible projects of quality, but they couldn’t be contracted precisely because the allocated budget was not sufficient. Another supplementation comes to support the beneficiaries who receive financing under the incidence of state aid – that minimis aid –, through the fact that at refinancing, for all categories of eligible expenditures, in a single instalment of at most 40 percent of the project’s eligible public contribution,” Dancila added.

Nelu Barbu, spokesman for the Executive, explained that the modifications and completions brought to GEO 40/2015, there were introduced “with the clear goal of accelerating contracting of projects, so that by the end of the year the contracting rate of funds managed by the Ministry of European Funds and the Ministry of Regional Development and Public Administration to reach 100%.”

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